The head of the NBU announced the rapid sale of PrivatBank

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The head of the NBU announced the rapid sale of PrivatBank

20.04.2021 News

The National Bank of Ukraine plans to sell PrivatBank. Its privatization, the NBU believes, may be of interest to the most prestigious international investors, as the Ukrainian banking sector has potential. The head of the NBU Kirill Shevchenko in an interview with GlobalCapital stated this.

“Our banking sector has significant potential for international investors. We hope that in the near future international banking groups will acquire shares in Ukrainian state-owned banks,” Shevchenko said.

According to him, one of the largest Ukrainian banks – PrivatBank – will be put up for sale soon.

“We believe that the privatization of Privatbank, which owns 20% of the Ukrainian banking market, will be of interest to the most prestigious international investors, including the United States and the European Union,” the NBU chief said.

He also added that the National Bank continues to support the strategy of PrivatBank in the courts with its ex-owners Igor Kolomoisky and Gennady Bogolyubov.

About 100 lawsuits are pending in the PrivatBank case, Shevchenko said.

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